Following our previous post on Hacked Account Details Beg for New Verification Techniques Like Behavioral Biometrics and since it's National Cyber Awarness Month, today we would like to talk about cyber risks that concern us all. From social engineering attacks to remote hacks, these threats are growing on a daily basis. Good thing Behavioral Biometrics offer the right balance between adding an extra layer of security and good user experience.
Here are our top five cyber risks that Behavioral Biometrics can protect you against:
- Social engineering - don't believe everything you receive in an email or phone call. Be suspicious whenever anyone tries to instruct you do to anything with your bank account. Listen for key words or phrases which fraudsters use like moving money to a safe account which never happens in real life.
- Identity theft - Never open email attachments from people you don't know as they are still one of the main ways to distribute viruses, and similarly don't click on links in them as often go to phishing sites or try to download a virus. Check that even if the email looks to be from someone you know that it is actually their email address - attackers now spoof emails of people you may know to give you more confidence in opening their mails
- Malware - this is a growing threat where the virus encrypts all your files and demands a ransom to unencrypt them. Keep a backup of all your important data (documents, pictures, videos, music) on an external drive which is then kept unattached to your main computer until the next backup.
- Shared Passwords – don’t share your password with other people or other sites. Don't tell people your password to get into a site, ensure they have their own logon to it instead. Especially as many people unintentionally use the same password for different sites, including online banking. This means if someone knows your password for one site they could get access into your most important online sites
- Account Takeovers - Prevent your computer from being hacked remotely and malware put onto it by updating it regularly. Use the automatic updates for your operating system, and also critical applications which attackers target such as Microsoft Office, web browsers, Adobe Acrobat and Flash and Java.
Sources: Symantec Ransomware and Businesses report, Time.com, Javelin Strategy & Research, FBI Fraud Alert